Present Value and Multiple Cash Flows of a project.
Seaborn Co. has identified an investment project with the following cash flows. If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent? At 24 percent?
|
Year
|
Cash Flow
|
|
1
|
$1,100
|
|
2
|
720
|
|
3
|
940
|
|
4
|
1,160
|